Customary Usage In Contracts
Which of the following applies when parties to a contract knew or should have known that a term has a customary usage in their particular trade or community?
ANo contract is formed if the parties cannot mutually agree on the definition of the term.
BCourts will not impose a definition contrary to the meaning asserted by one of the parties.
CA mistaken assumption regarding the definition by one party renders the contract voidable.
DParol evidence may be introduced to establish the meaning of the term.
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